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Queens / Richmond Hill / 11418

87-86 116 STREET

Boro4
Block9305
Lot41
BBL4093050041
Class C1
Residential units
43
Units in total
43
Storeys
4
Year built
1931
Last alteration on file
-
Recorded transfers
1 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
19 Jun 2019$3,500,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 11,580 SQ FT4
Drawn from PLUTO: 4 storeys, 39,780 sq ft of building on 11,580 sq ft of lot, an average floor plate covering 86% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
11,580 sq ft
Building area
39,780 sq ft
Residential area
39,780 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.44
Residential FAR permitted
1
Zoning district
R4A
03

Assessment

Assessed land value
$260,550
Assessed total value
$923,850
Exempt value
$0
Assessed per residential unit
$21,485

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Richmond Hill
ZIP code
11418
Community district
Queens 9
Council district
29
Coordinates
40.696789, -73.832474
05

Other buildings in Richmond Hill

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
129-01 JAMAICA AVENUED111720120-
84-10 101 STREETR287189098$374k
109-10 PARK LANE SOUTHD37719290-
86-03 102 STREETD473192738$193k
127-03 JAMAICA AVENUED16520120-
87-24 115 STREETD16019384-
84-05 108 STREETD15919312-
87-60 113 STREETD15819330-
86-10 109 STREETD454192865$209k
84-06 109 STREETD74819310-
85-18 118 STREETD14819590-
85-55 115 STREETC14519310-

Every building on file in Richmond Hill